‘New air access will attract more financial services to VI’ – Julien N. Johnson
“As we all know the BVI is home to many of the world’s major financial services players,” he said, speaking at the launch of BVI Airways’ service to and from Miami International Airport held at the offices of BVI Finance in Road Town on Tuesday January 12, 2016.
Government has come in for severe criticism for pumping $7 million into BVI Airways, a foreign-owned entity, to allow them to be able to offer a direct service to and from Miami, Florida, USA, while local business, contractors, and Government workers cannot be paid as Government is saying that they do not have money.
“We are home to a melting pot of professionals from every corner of the globe... professionals who travel frequently for business, to reconnect with family and friends and to explore other interests, professionals whose time is as valuable as the money in their bank accounts,” Johnson said.
“Any development which makes it easy to travel to the BVI will have significant value to anyone who calls the BVI home,” he said.
According to Johnson, BVI Finance is seeking to enhance the sector by repositioning some of the products offered to allow new players to come on board.
This he said is being done in the captive insurance sector and the mutual funds sector among others initiatives.
As such, he said attracting business to the VI means creating an environment that is friendly for business.
“Any company that is seriously considering doing business in the BVI will thoroughly examine the ease and practicality of doing business from within our shores,” he said. “They will consider many things, including the ease of getting to and from the BVI.”
Johnson noted that the success of the territory’s Arbitration Centre and Commercial Court would largely be dependent on how quickly people can come into the territory.
Further, he said the new air service would aid in the process as the VI seeks to do more business with Latin America and South American nations such as Brazil.
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24 Responses to “‘New air access will attract more financial services to VI’ – Julien N. Johnson”
It is still cheaper to to go St Thomas and get the ferry over to West End for those living in West End. You are KILLING alternatives in favour of catering to the wealthy.
Can the government do anything about this ungodly $400.00 round trip fare that cape air has to puerto rico,a mere 45 minutes flight.
Please govt kindly help us.with this highway robbery
cant believe u have become a political poppet
will sa u have lost ALL ur Dominican blood
Tell these guys they doing WRONG